Once an obscure niche of the investment world, private equity has grown into a juggernaut, with consequences for a wide range of industries as well as the financial markets. Private equity funds control companies that represent trillions of dollars in assets, millions of employees, and the well-being of thousands of institutional investors and their beneficiaries. Even as the ruthlessness of some funds has made private equity a poster child for the harms of unfettered capitalism, many aspects of the industry remain opaque, hidden from the normal bounds of accountability.
The Myth of Private Equity is a hard-hitting and meticulous expose from an insider's viewpoint. Jeffrey C. Hooke-a former private equity executive and investment banker-examines the negative effects of private equity and the ways in which it has avoided scrutiny. He unravels the exaggerations that the industry has spun to its customers and the business media, showing the stark realities that are concealed by the funds' self-mythologizing and penchant for secrecy. Hooke details the flaws in private equity's investment strategies, critically examines its day-to-day operations, and reveals the broad spectrum of its enablers. An essential listen for both the financial profession and the broader public, this book pulls back the curtain on one of the most controversial areas of finance.
© 2022 Ascent Audio (오디오북 ): 9781663719881
출시일
오디오북 : 2022년 5월 3일
Once an obscure niche of the investment world, private equity has grown into a juggernaut, with consequences for a wide range of industries as well as the financial markets. Private equity funds control companies that represent trillions of dollars in assets, millions of employees, and the well-being of thousands of institutional investors and their beneficiaries. Even as the ruthlessness of some funds has made private equity a poster child for the harms of unfettered capitalism, many aspects of the industry remain opaque, hidden from the normal bounds of accountability.
The Myth of Private Equity is a hard-hitting and meticulous expose from an insider's viewpoint. Jeffrey C. Hooke-a former private equity executive and investment banker-examines the negative effects of private equity and the ways in which it has avoided scrutiny. He unravels the exaggerations that the industry has spun to its customers and the business media, showing the stark realities that are concealed by the funds' self-mythologizing and penchant for secrecy. Hooke details the flaws in private equity's investment strategies, critically examines its day-to-day operations, and reveals the broad spectrum of its enablers. An essential listen for both the financial profession and the broader public, this book pulls back the curtain on one of the most controversial areas of finance.
© 2022 Ascent Audio (오디오북 ): 9781663719881
출시일
오디오북 : 2022년 5월 3일
격이 다른 오디오북 생활을 경험해보세요!
5 평점을 기준으로 한 전체 평점
배울 점이 있어요
생각할 거리를 주네요
예상가능해요
대화에 참여하고 리뷰를 추가하려면 앱을 다운로드하세요.
한국어
대한민국